RTY still hasn;t filled the gap so despite the fact that it's overbought, I'm not feeling bearish quite yet.
As soon as this fills I think it's all over. Probably whipsaws then goes back down.
As soon as this fills I think it's all over. Probably whipsaws then goes back down.
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At this point I think it's all about RTY gap fill, have an exit plan for your long positions and start thinking about shorting Wed I think. We'll see how the indicators line up.A melt up is always a possibility though.
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Wouldn't be surprised at all if the market did one of those stupid alternating day deals where it's down-up-down-up.Thinking up tomorrow either way.
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Futures green, not surprisingly small caps are actually lagging because the Asians prefer to pump tech. This is why I said you can;t short anything until teh gap fill.
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